Docebo Inc. (DCBO): Análisis PESTLE [Actualizado en Ene-2025]

En el panorama en rápida evolución del aprendizaje digital, Docebo Inc. emerge como un jugador fundamental, navegando por complejos mercados globales con tecnología innovadora e ideas estratégicas. Este análisis integral de mano presenta las dimensiones multifacéticas que dan forma a la trayectoria de la compañía, ofreciendo una inmersión profunda en los factores políticos, económicos, sociológicos, tecnológicos, legales y ambientales que impulsan su notable crecimiento y potencial. Desde la estabilidad regulatoria canadiense hasta las soluciones de aprendizaje impulsadas por la IA de vanguardia, Docebo representa un estudio de caso convincente de cómo las empresas tecnológicas modernas se adaptan y prosperan en un ecosistema global dinámico y interconectado.

Docebo Inc. (DCBO) - Análisis de mortero: factores políticos

Entorno regulatorio de la empresa tecnológica canadiense

Docebo opera bajo el marco regulatorio de tecnología e innovación canadiense, con requisitos de cumplimiento específicos:

Aspecto regulatorio	Detalles específicos
Regulaciones de innovación tecnológica	Cumple con las pautas de desarrollo económico de la innovación y la ciencia canadienses
Gobierno corporativo	Se adhiere a los requisitos de listado de la Bolsa de Valores de Toronto (TSX)

Políticas de comercio de tecnología transfronteriza

Impactos clave de la política comercial en las operaciones internacionales de Docebo:

• Sujeto a los estados de Canadá-Mexico (CUSMA) Regulaciones comerciales de tecnología
• Navegue por restricciones de exportación de servicios digitales y requisitos de cumplimiento
• Administra regulaciones internacionales de transferencia de tecnología

Apoyo gubernamental para el aprendizaje digital

Métricas de soporte de innovación digital del gobierno canadiense:

Mecanismo de soporte	Asignación financiera (2023)
Becas de innovación digital	CAD $ 42.5 millones
Financiación de la investigación de tecnología	CAD $ 31.2 millones

Cumplimiento de la protección de datos internacional

Marcos de cumplimiento regulatorio:

• Totalmente compatible con la regulación general de la protección de datos (GDPR)
• Se adhiere a la Ley Canadiense de Protección de la Información Personal y Documentos Electrónicos (Pipeda)
• Sigue los requisitos de la Ley de privacidad del consumidor de California (CCPA)

Métricas de cumplimiento de protección de datos global:

Regulación	Estado de cumplimiento	Inversión anual de cumplimiento
GDPR	Cumplimiento total	CAD $ 1.3 millones
Pipeda	Cumplimiento total	CAD $ 875,000
CCPA	Cumplimiento total	CAD $ 650,000

Docebo Inc. (DCBO) - Análisis de mortero: factores económicos

Cambios económicos globales que afectan el mercado de tecnología de aprendizaje empresarial

El mercado mundial de aprendizaje electrónico corporativo se valoró en $ 249.85 mil millones en 2022 y se proyecta que alcanzará los $ 516.18 mil millones para 2030, con una tasa compuesta anual del 9.9%.

Segmento de mercado	Valor 2022	2030 Valor proyectado	Tocón
Mercado corporativo de aprendizaje electrónico	$ 249.85 mil millones	$ 516.18 mil millones	9.9%

Crecimiento potencial de ingresos en sectores de trabajo remoto y capacitación digital

Se espera que el mercado de capacitación laboral remota crezca de $ 15.7 mil millones en 2022 a $ 37.5 mil millones para 2027, lo que representa una TCAC del 19.1%.

Segmento de mercado	Valor 2022	2027 Valor proyectado	Tocón
Mercado de capacitación laboral remota	$ 15.7 mil millones	$ 37.5 mil millones	19.1%

Vulnerabilidad a los ciclos de inversión tecnológica y el gasto corporativo

Las tendencias de inversión de capacitación tecnológica muestran patrones cíclicos con gastos promedio de capacitación corporativa anual de $ 1,286 por empleado en 2023.

Métrico	Valor 2023
Gastos promedio de capacitación corporativa por empleado	$1,286

Riesgos de cambio de divisas debido a las operaciones del mercado internacional

Docebo opera en múltiples monedas, con una exposición significativa a USD, EUR y CAD. El índice de volatilidad monetaria para 2023 muestra el 6.2% de potencial de fluctuación.

Divisa	Volatilidad del tipo de cambio (2023)
Dólar estadounidense	6.2%
EUR	5.8%
CANALLA	5.5%

Docebo Inc. (DCBO) - Análisis de mortero: factores sociales

Aumento de la demanda de plataformas de aprendizaje remoto y digital

El tamaño del mercado global de aprendizaje digital alcanzó los $ 272.5 mil millones en 2022, proyectados para crecer a $ 645.6 mil millones para 2030, con una tasa compuesta anual del 13.5%.

Segmento de mercado	Valor 2022	2030 Valor proyectado
Aprendizaje electrónico corporativo	$ 89.5 mil millones	$ 217.3 mil millones
Plataformas de aprendizaje remoto	$ 58.2 mil millones	$ 142.6 mil millones

Creciente énfasis en el lugar de trabajo en el desarrollo profesional continuo

El 93% de los empleados permanecerían más tiempo en una empresa que invierte en su desarrollo profesional. Los presupuestos de capacitación y desarrollo aumentaron en un 12,7% en 2023.

Industria	Inversión promedio de capacitación por empleado
Tecnología	$1,544
Cuidado de la salud	$1,287
Servicios financieros	$1,652

Cambiar hacia tecnologías de aprendizaje personalizadas y adaptativas

Se espera que el mercado de tecnología de aprendizaje adaptativo alcance los $ 5.4 mil millones para 2027, con una tasa de crecimiento anual del 38%.

Tipo de tecnología de aprendizaje	Cuota de mercado 2022	Cuota de mercado proyectada 2027
Personalización impulsada por IA	22%	41%
Plataformas de aprendizaje adaptativo	18%	35%

Preferencias generacionales para experiencias de aprendizaje habilitadas para tecnología

El 78% de los millennials y la generación Z prefieren plataformas de aprendizaje digital. El mercado de aprendizaje móvil proyectado para llegar a $ 115.5 mil millones para 2026.

Generación	Preferencia de aprendizaje digital	Horas promedio de capacitación en línea por año
Millennials	82%	47 horas
Gen Z	74%	34 horas
Gen X	65%	28 horas

Docebo Inc. (DCBO) - Análisis de mortero: factores tecnológicos

Inversión continua en capacidades de aprendizaje automático y IA

Docebo reportó gastos de I + D de $ 24.7 millones en 2022, lo que representa el 34.2% de los ingresos totales, específicamente asignados a los avances tecnológicos de IA y aprendizaje automático.

Categoría de inversión tecnológica	Monto ($)	Porcentaje de ingresos
Desarrollo de IA	12.3 millones	17.1%
Investigación de aprendizaje automático	8.5 millones	11.8%
Análisis avanzado	3.9 millones	5.4%

Posicionamiento de plataforma basado en la nube

La plataforma basada en la nube de Docebo atendió a 2.150 clientes empresariales a nivel mundial en 2023, con una tasa de retención de clientes del 92%.

Métrica de la plataforma en la nube	Valor
Total de clientes empresariales	2,150
Tasa de retención de clientes	92%
Valor anual promedio del contrato	$85,000

Integración de análisis de análisis avanzado y aprendizaje predictivo

La tecnología de aprendizaje predictivo de Docebo analizó 47.3 millones de interacciones de aprendizaje en 2022, generando recomendaciones de aprendizaje personalizadas con una precisión del 86%.

Métrica de aprendizaje predictivo	Valor
Interacciones de aprendizaje analizadas	47.3 millones
Precisión de recomendación	86%
Algoritmos de personalización	12 modelos distintos

Investigación y desarrollo continuos en algoritmos de aprendizaje adaptativo

Docobo invirtió $ 5.6 millones específicamente en el desarrollo de algoritmos de aprendizaje adaptativo en 2022, con un equipo de 42 ingenieros de investigación dedicados.

Métrica de aprendizaje adaptativo de I + D	Valor
Inversión de I + D	$ 5.6 millones
Ingenieros de investigación	42
Nuevos lanzamientos de algoritmo	7 en 2022

Docebo Inc. (DCBO) - Análisis de mortero: factores legales

Cumplimiento de las regulaciones internacionales de privacidad de datos

Docebo mantiene el cumplimiento de las regulaciones clave de privacidad de datos:

Regulación	Estado de cumplimiento	Costos de cumplimiento anual
GDPR (Unión Europea)	Totalmente cumplido	$475,000
CCPA (California)	Totalmente cumplido	$325,000
Pipeda (Canadá)	Totalmente cumplido	$215,000

Protección de propiedad intelectual

Cartera de patentes: 17 Patentes de tecnología registrada que protegen las innovaciones de la plataforma de aprendizaje.

Categoría de patente	Número de patentes	Gastos anuales de protección de IP
Tecnología de aprendizaje	12	$680,000
Algoritmos de aprendizaje de IA	5	$420,000

Obligaciones contractuales en licencias de software empresarial

Desglose de licencias empresariales:

Tipo de licencia	Valor de contrato promedio	Volumen de contrato anual
Nivel empresarial	$185,000	127
Nivel de mercado medio	$65,000	342

Desafíos legales potenciales en la prestación de servicios de tecnología global

Procedimientos legales activos: 3 Disputas continuas del Servicio de Tecnología Internacional.

Región	Número de casos legales activos	Costos estimados de defensa legal
América del norte	2	$750,000
unión Europea	1	$450,000

Docebo Inc. (DCBO) - Análisis de mortero: factores ambientales

Fuítica de carbono reducida a través de soluciones de aprendizaje digital

La plataforma de aprendizaje digital de Docebo habilita 98.7% Reducción en las emisiones de viajes relacionadas con el entrenamiento en comparación con los métodos tradicionales de entrenamiento en persona.

Métrico	Reducción de carbono	Impacto anual
Emisiones de aprendizaje digital	1.3 toneladas métricas CO2	Equivalente a 0.28 vehículos de pasajeros
Emisiones de entrenamiento tradicionales	87.4 toneladas métricas CO2	Equivalente a 18.9 vehículos de pasajeros

Eficiencia energética en la infraestructura de computación en la nube

Consumo de energía de la infraestructura en la nube: 0.0002 kWh por sesión de usuario. En comparación con las soluciones locales, Docebo reduce el consumo de energía por 64%.

Tipo de infraestructura	Consumo de energía	Ahorro anual de costos
Plataforma basada en la nube	0.0002 kWh/sesión	$47,500
Solución local	0.00056 kWh/sesión	$0

Apoyo para metodologías de capacitación en el lugar de trabajo sostenible

Docebo apoya la capacitación sostenible a través de Entrega de contenido digital 100%, eliminando los materiales de entrenamiento físico.

• Reducción de papel: 3.7 toneladas anualmente
• Impresión de ahorro de costos: $ 82,300 por año
• Accesibilidad al contenido digital: 97.5%

Impacto ambiental directo mínimo como empresa de tecnología de software

Huella ambiental directa: 2.1 toneladas métricas CO2 equivalente por año, principalmente de las operaciones de la oficina y los viajes de los empleados.

Fuente de impacto ambiental	Emisiones de CO2	Estrategia de mitigación
Operaciones de oficina	1.4 toneladas métricas	Política de trabajo remoto
Commuting de empleados	0.7 toneladas métricas	Modelo de trabajo híbrido

Docebo Inc. (DCBO) - PESTLE Analysis: Social factors

You're looking for a clear map of the social currents driving Docebo Inc.'s growth, and the takeaway is simple: the shift in corporate culture toward continuous, flexible learning is creating a massive, non-negotiable demand for enterprise Learning Management Systems (LMS). This isn't just a nice-to-have; it's an operational necessity tied directly to talent retention and productivity.

Strong corporate demand for upskilling and reskilling drives enterprise Learning Management System (LMS) adoption.

The global skills gap is the single biggest catalyst for LMS adoption right now. In 2025, a vast majority of organizations-over 83% of businesses globally-are already using LMS platforms to deliver employee training. For large organizations, this adoption rate is even higher, reaching 98%. This means the market is less about convincing companies to buy an LMS and more about replacing legacy systems with a modern, AI-powered platform like Docebo's. Honestly, upskilling is now a core strategic pillar; 89% of Learning and Development (L&D) professionals agree that proactively building employee skills is essential for navigating the future of work.

Here's the quick math on the enterprise learning environment:

• LMS Adoption: 98% in large organizations.
• L&D Focus: 89% of L&D pros prioritize proactive skill-building.
• Docebo's Traction: Q1 2025 saw a major North American hotel and resort company select Docebo for an Employee Experience use case specifically for upskilling, reskilling, and onboarding of its 50,000 staff worldwide.

The shift to hybrid and remote work necessitates scalable, cloud-based learning platforms for employee enablement.

The post-pandemic workplace is settled on a hybrid model; over 70% of employees prefer hybrid or fully remote arrangements. This structural change killed the old classroom training model. You need a cloud-based solution that works anywhere, anytime. That's why the cloud-based LMS segment is projected to grow with a strong 24.6% Compound Annual Growth Rate (CAGR) from 2021-2029. A key part of this is mobile access, which 80% of businesses now prioritize for their learning solutions. Docebo's platform, with its mobile capabilities, directly addresses this need for a decentralized workforce, ensuring staff can access training in the flow of work, even on the floor of a hotel property or a remote manufacturing site.

Focus on soft skills training, like leadership development, is a top priority for L&D in 2025.

As AI and automation handle more technical tasks, the value of uniquely human skills-often called soft skills-skyrockets. In 2025, L&D leaders are doubling down on these 'power skills.' A significant 91% of L&D professionals agree that human skills like communication, teamwork, and critical thinking are increasingly important. Leadership development, in particular, is a key focus area, as new leaders must manage diverse, distributed teams. This is a massive opportunity for Docebo because its AI Virtual Coaching, a scenario-based simulator, is designed to deliver the immersive, experiential training needed to build these complex soft skills in a remote environment.

The shift in training priority is clear:

L&D Priority Area (2025)	Relevance to Docebo
Soft Skills / Human Skills	91% of L&D professionals see this as increasingly important.
Leadership Development	Top priority for soft skills training.
Adaptive Thinking / Digital Fluency	Essential for a workforce where 40% of jobs are expected to be impacted by automation by 2025.

Market growth in microlearning modules, projected at a 14.37% CAGR from 2025 to 2032, aligns with product strategy.

Employees are busy, so the demand for short, on-demand learning-microlearning-is soaring. This format is a perfect fit for the modern attention span and the learning-in-the-flow-of-work trend. The microlearning market is projected to grow from $3.38 billion in 2025 to $8.64 billion by 2032, exhibiting a robust CAGR of 14.37%. This growth trajectory is critical because microlearning is highly effective: it can improve knowledge retention by up to 80%. Docebo is defintely aligned here, leveraging its AI Creator and AI Video Presenter tools to automate the rapid creation of this bite-sized content, making it a central part of the platform's offering.

Docebo Inc. (DCBO) - PESTLE Analysis: Technological factors

Docebo's technological position is strong, anchored by a deliberate pivot to an 'AI-First' platform strategy that moves the company beyond the limitations of a traditional Learning Management System (LMS). This shift is not just an add-on; it's a foundational change that leverages artificial intelligence (AI) to automate and personalize the entire corporate learning lifecycle.

The company's focus on AI is a key differentiator in a competitive market. This strategy is directly contributing to its financial performance, as seen in the Q3 2025 results, where total revenue increased by 10% to $61.1 million (adjusted for currency fluctuation), with subscription revenue hitting $58.0 million. This growth is a clear signal that the market is responding to their innovation strategy.

Central 'AI-First' platform strategy drives innovation, moving beyond traditional LMS features

The core of Docebo's technological advantage is its commitment to being an AI-First learning platform, a roadmap unveiled at Docebo Inspire 2025 in April. This strategy aims to redefine learning through automation, intelligence, and immersive experiences, transforming the platform into a learning partner rather than just a content repository. This positioning is defintely critical for securing large enterprise clients; for example, Amazon Health recently selected Docebo for a new unified learning system, citing its AI-driven personalization and flexibility as key factors.

Here's a quick look at the financial leverage of this strategy:

Metric (Fiscal Year 2025 Data)	Value	Significance
Q3 2025 Total Revenue	$61.1 million	11% increase year-over-year, demonstrating solid top-line expansion.
Q2 2025 Annual Recurring Revenue (ARR)	$233.1 million	Reflects strong, consistent revenue from subscription-based services.
FY 2025 Total Revenue Growth Guidance	11.40%	Management's confidence in continued expansion, supported by AI product adoption.

New AI-powered products like AI Creator and AI Virtual Coaching automate content and experiential learning

Docebo has launched several AI-powered products that directly address the time and cost challenges of corporate learning and development (L&D). AI Creator, for instance, is now available to all platform customers, enabling any user to generate high-quality learning content like structured courses and interactive assessments. This drastically reduces the time-to-value for learning programs.

Another major innovation is AI Virtual Coaching, a scenario-based AI simulator that shifts training from passive consumption to immersive, experiential engagement. This tool enables employees to practice real-life, company-specific situations using AI agents, providing instant, personalized feedback on clarity, confidence, and tone. It makes personalized coaching scalable, cutting reliance on costly, time-bound human resources.

• AI Creator: Autonomously produces structured courses and assessments.
• AI Virtual Coaching: Provides scenario-based, real-time skill practice with AI agents.
• AI Neural Search: Modernizes content discovery with natural, conversational queries.

The launch of Harmony, an L&D agentic marketplace, aims to connect the broader learning tech ecosystem

The announcement of Harmony, an L&D agentic marketplace and co-pilot, is a strategic move to become the connective tissue of the entire enterprise learning tech stack. Harmony is designed to use Generative AI (Gen AI) to automate complex instructional design and learning administration tasks, driving significant efficiency gains and return on investment (ROI) for large-scale operations. It is a strategic evolution, moving Docebo from a platform to a learning partner.

Harmony will eventually extend its capabilities beyond the native Docebo ecosystem, enabling automation across third-party LMSs, HRIS platforms, and authoring tools. This open, agent-based architecture positions Docebo as the orchestration layer for the future of enterprise learning, a capability that competitors will struggle to match quickly.

The global LMS market is projected to grow at a robust 19.4% CAGR through 2030, fueling opportunity

Docebo's technological push is perfectly timed to capitalize on the rapid expansion of the overall Learning Management System (LMS) market. The global LMS market is projected to grow at a robust 19.4% Compound Annual Growth Rate (CAGR) through 2030. This macro trend, coupled with the urgent need for scalable, AI-powered solutions to address workforce upskilling and data-driven training, provides a massive tailwind for the company. The corporate LMS market alone is valued at an estimated $9.57 billion. The company's focus on enterprise clients, with 68% of its nearly 4,000 global customers based in the U.S., ensures they are targeting the most lucrative segment of this expanding market.

What this estimate hides is that companies without a strong AI integration will likely see their growth stall, so Docebo's AI-First strategy is not just about growth, but about survival and market share capture.

Next Step: Review the Legal factors, specifically around data privacy regulations like CCPA and GDPR, as Docebo's AI strategy relies heavily on user data.

Docebo Inc. (DCBO) - PESTLE Analysis: Legal factors

Lack of clarity on emerging global AI laws creates regulatory uncertainty for new AI-driven features

The rapid integration of Artificial Intelligence (AI) into the Docebo platform, which is a core part of its strategy, runs headlong into a fragmented and uncertain global regulatory environment. This lack of clear, unified AI legislation is a major legal risk. For instance, the European Union's AI Act is setting a global benchmark, but its full impact is still evolving, creating a compliance challenge for new features like AI-powered content generation.

Honestly, the biggest near-term risk here isn't a fine right now, but the potential for a complete feature redesign later. In the US, the patchwork of state-level data privacy and AI laws, with federal efforts like the American Privacy Rights Act (APRA) stalled in 2025, means Docebo must navigate dozens of different requirements. You have to build your AI to the strictest global standard, or you're defintely setting yourself up for expensive rework.

Compliance with varying international data privacy regulations (e.g., GDPR) is critical for its multinational client base

As a global Software-as-a-Service (SaaS) provider, Docebo acts as a data processor for its multinational clients, making strict adherence to international data privacy laws non-negotiable. This is especially true for the European Union's General Data Protection Regulation (GDPR), which governs how personal data of EU citizens is handled, and the growing number of comprehensive state laws in the US, such as the California Consumer Privacy Act (CCPA).

The financial stakes for non-compliance are massive. In 2023, the EU imposed approximately €2.1 billion in GDPR fines, and the average total cost of a data breach across all industries reached $4.88 million in 2024. Docebo mitigates this by using mechanisms like the Standard Contractual Clauses (SCCs) for international data transfers, as detailed in its Data Processing Addendum.

• GDPR: Requires valid legal basis and Data Protection Impact Assessments (DPIA) for AI use.
• US State Laws: A growing number of state laws necessitate a complex, multi-jurisdictional compliance framework.
• Financial Risk: A single data breach could cost millions and severely damage brand trust.

Issues in the use of AI in the platform could result in reputational harm or liability if not managed well

Docebo's own financial disclosures for the 2025 fiscal year consistently list 'issues in the use of AI in our platform and potential resulting reputational harm or liability' as a key risk factor. This isn't theoretical; it's a known vulnerability. The risk comes from AI features generating biased content, making discriminatory decisions in automated processes, or simply failing to meet user expectations.

To be fair, this is an industry-wide concern. A study based on S&P 500 company filings through August 2025 showed that reputational risk is the most frequently cited AI concern, disclosed by 38% of companies. For a learning platform that directly impacts employee and partner development, any perceived bias or error in AI-driven content or recommendations could instantly erode customer trust and lead to contract terminations.

FedRAMP authorization provides a competitive legal advantage for securing US federal government contracts

In a clear legal and competitive win, Docebo achieved FedRAMP Moderate Authorization for its LearnGov platform in the second quarter of 2025. FedRAMP (Federal Risk and Authorization Management Program) is a mandatory, standardized security assessment for all cloud services used by US federal agencies. This authorization confirms Docebo's adherence to hundreds of rigorous security and privacy controls defined by the Federal Government.

Here's the quick math on the opportunity: Management estimates this authorization opens up a total addressable market of approximately $2.7 billion in the U.S. federal and SLED (State, Local, and Education) markets. While the revenue impact is expected to accelerate in 2026, the authorization itself is the legal key that unlocks the door now. This is a huge competitive moat against non-compliant competitors.

Metric	Value (2025)	Significance to Legal Factor
Total Revenue (Q3 2025)	$61.6 million	Context for the scale of operations requiring compliance.
FY 2025 Total Revenue Growth Guidance	11.40%	Indicates growth that must be managed alongside rising compliance complexity.
FedRAMP Market Opportunity	$2.7 billion	Competitive advantage gained from achieving the FedRAMP Moderate legal standard in Q2 2025.
Average Cost of a Data Breach (2024)	$4.88 million	Financial risk benchmark underscoring the criticality of data privacy compliance.

Docebo Inc. (DCBO) - PESTLE Analysis: Environmental factors

You might look at Docebo Inc., a software-as-a-service (SaaS) provider, and think environmental factors are a non-issue, but that view is outdated. While the direct climate-related risk is low-we're talking about servers, not smokestacks-investor and regulatory pressure is forcing even cloud-native companies to quantify their footprint and commit to clear, near-term goals.

The core challenge for Docebo is managing its indirect emissions, specifically those from its cloud infrastructure and employee activities, which fall under Scope 3. The good news is that the company has set a firm, ambitious target: a goal of 'net zero' emissions by December 31, 2030. This commitment is a critical signal to institutional investors who are increasingly screening for ESG (Environmental, Social, and Governance) performance.

Low Direct Climate-Related Risk Exposure

As a SaaS business, Docebo's operational risk from physical climate events is relatively low, and management confirms the underlying business faces 'relatively low levels of climate-related risk exposure.' This is a significant advantage over manufacturing or logistics firms. The environmental focus shifts almost entirely to energy consumption and the supply chain.

Their strategy reflects this reality: they use Amazon Web Services (AWS) as their strategic cloud infrastructure partner, and they explicitly consider Greenhouse Gas (GHG) emissions as a selection criterion for their data center service providers. This is a smart move, as it outsources a large portion of the Scope 2 emissions (indirect emissions from purchased electricity) to a provider that has its own large-scale renewable energy commitments.

Focus on Tracking Scope 1, 2, and 3 Emissions Aligns with Stakeholder Demand

The market is defintely demanding transparency, and Docebo is responding by actively tracking and reporting its Scope 1, 2, and 3 emissions. This tracking is the first step in identifying where the biggest optimization opportunities lie. Here's the quick math on their reported environmental footprint, based on the latest publicly available figures:

Metric	Value (MT CO2e)	Notes
Total Emissions (MT CO2e)	636.0	Most recently reported total emissions (Metric Tons of CO2 equivalent).
Net Zero Goal Deadline	N/A	Targeted for December 31, 2030.
2025 Reporting Goal	N/A	Goal to align ESG reporting with TCFD and SASB guidelines by December 31, 2025.

The total reported emissions of 636.0 MT CO2e are small, but the real value is the commitment to measure and report them. For a company expected to hit a total revenue growth of 9.0% to 10.0% for the fiscal year ending December 31, 2025, keeping emissions intensity flat or declining is the true test of operational efficiency.

Green Energy Commitment and ESG Reporting

Docebo showed an early commitment to minimizing its footprint through its office policies. While the latest figures are from 2021, they provide a baseline for their internal operations:

• 80% of offices had adopted a Green Energy Supplier Policy.
• 44% of the company's electricity use was derived from renewable sources.

This is a solid foundation. The next step for the analyst community is to see the updated figures for 2024 and 2025 to ensure the commitment scaled with the company's growth. What this estimate hides is the potential increase in Scope 3 emissions from a larger, more distributed workforce and increased cloud usage as Annual Recurring Revenue (ARR) continues to grow, which was $225.1 million as of March 31, 2025.

The move toward formal ESG reporting is now a standard expectation for public companies, especially in the US and Canada. Docebo's goal to align its reporting with the Task Force on Climate-related Financial Disclosures (TCFD) and the Sustainability Accounting Standards Board (SASB) by the end of 2025 is crucial. This is not just a compliance exercise; it's a direct response to the due diligence requirements of large institutional investors like BlackRock, who use these frameworks to assess long-term risk and capital allocation.